17(1)Section 69 (statement of policy) is amended as follows.
(2)In subsection (1), for “The Authority must” substitute “Each regulator must”.
(3)In subsection (2), for “The Authority's” substitute “A regulator's”.
(4)In subsection (3)—
(a)for “The Authority” substitute “A regulator”, and
(b)after “issued” insert “by it”.
(5)In subsection (4), for “replaced, the Authority” substitute “replaced by a regulator, the regulator”.
(6)In subsection (5), for “The Authority” substitute “A regulator”.
(7)In subsection (6)—
(a)after “section” insert “by a regulator”, and
(b)for “the Authority”, in both places, substitute “the regulator”.
(8)In subsection (7), for “Authority” substitute “regulator”.
(9)In subsection (8)—
(a)for “the Authority” substitute “a regulator”, and
(b)after “published” insert “by it”.